The Opera Company Inc
- Assets
- $155.1k
- Revenue
- $291.0k
- Investments
- $0.0
- Employees
- 4
- Location
- El Paso, TX
- Founding
- 07/1993
- Data as of
- 06/2021
- EIN
- 74-2648245
Organization Overview
The Opera Company Inc is located in El Paso, TX. The organization was established in 1993. According to its NTEE Classification (A6A) the organization is classified as: Opera, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Opera Company Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opera Company Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Opera Company Inc generated $291.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $168.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (14.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO HARNESS THE TRANSFORMATIVE POWER OF OUR ART TO ENGAGE WITH THE LOCAL AND LARGER COMMUNITY AS A LASTING AND VALUED CULTURAL SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BON APPETIT! VIRTUAL SHOW
COMMUNITY ENGAGEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arianne P Marcee Executive Director | Officer | 40 | $42,168 |
Mariana Sandoval Office & Social Media Manager | Officer | 23 | $14,884 |
Justin Lucero Director Of Cummunity Engagem | Officer | 15 | $13,038 |
Marcela Flores Fernandez Vice President | OfficerTrustee | 2 | $0 |
Michael White Treasurer | OfficerTrustee | 2 | $0 |
Andrea Spier Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $257,750 |
| Noncash contributions included in lines 1a–1f | $11,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $257,750 |
| Total Program Service Revenue | $30,670 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $291,015 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $42,168 |
| Compensation of current officers, directors, key employees. | $13,915 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $23,506 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,875 |
| Payroll taxes | $7,986 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $26,585 |
| Office expenses | $20,320 |
| Information technology | $1,622 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,188 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,554 |
| Insurance | $2,833 |
| All other expenses | $404 |
| Total functional expenses | $168,523 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $154,908 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $202 |
| Total assets | $155,110 |
| Accounts payable and accrued expenses | $59,534 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $59,534 |
| Net assets without donor restrictions | $95,576 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $155,110 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Opera Company Inc has recieved totaling $9,222.
| Awarding Organization | Amount |
|---|---|
Paso Del Norte Community Foundation El Paso, TX PURPOSE: El Paso Giving Day Grant | $9,217 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Santa Fe Opera Santa Fe, NM | $178,454,896 | $58,576,774 |
Houston Grand Opera Association Inc Houston, TX | $24,871,609 | $29,084,949 |
Dallas Opera Dallas, TX | $12,450,406 | $12,715,764 |
Austin Lyric Opera Austin, TX | $5,702,498 | $4,387,471 |
Tulsa Opera Inc Tulsa, OK | $1,435,247 | $3,110,348 |
New Orleans Opera Association New Orleans, LA | $1,767,831 | $2,067,617 |
Fort Worth Opera Association Inc Fort Worth, TX | $969,586 | $1,862,181 |
Opera Southwest Albuquerque, NM | $1,329,317 | $1,039,944 |
Shreveport Opera Shreveport, LA | $1,250,976 | $820,287 |
Grand Opera House Of The South Inc Crowley, LA | $3,898,280 | $425,280 |
Opera In The Heights Houston, TX | $107,147 | $473,780 |
Opera Louisiane Inc Baton Rouge, LA | $146,256 | $469,217 |